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Blog posts tagged with "diminished value"

Has My Car Lost Value Just Because it was in an Accident? Diminished Value Claims in Ohio

By Eric Michener   |  December 12, 2019

You've been in an auto accident. A few months later when you try to trade in your vehicle for a new model, the dealer tells you he cannot give you full trade in value because your truck has an accident history.  You explain that the truck was fully repaired and works just fine.  Your dealer shrugs and says that the average consumer does not want to take that risk.This phenomenon is known as diminished value.

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